[ANN][ICO] AVAI Token - first ICO by a professional football (soccer) club

[Crazycrypto1]

Avai FC Partners with SportyCo – Announces $20 Million Cryptocurrency ICO

Avaí Football Club to come up with its own cryptocurrency with complete Initial Coin Offering (ICO).

Brazil’s Avaí Football Club to follow the French soccer giant Paris Saint-Germain football club (PSG).   It is to be recollected that the French soccer giant Paris Saint-Germain football club (PSG) recently announced their own cryptocurrency with complete initial coin offering.

Avaí FC partnered with Sporty Co, a sports investment ecosystem.  Blackbridge, the blockchain based football investment firm will be raising funds from across the world via its ICO. The goal of the firm is to raise $20 million in sale.

The cryptocurrency of Avai will be a new utility token.  This is called the Avaí FC Token.  This has been specifically designed for the use of the football club.  Fans from all parts of the world will be a part of this new journey.

Avaí FC Token focuses on updating itself with the latest trends and technology; thereby, becoming a very interactive club for its society.

Avai is the first soccer team to officially launch its digital token across the world.  This move will bridge the gap between the Fintech Industry and the grassroot sport by making use of blockchain technology.

The quoted financial value for the Avaí FC Token will be exchanged in Ether/
Etherum.  The public offering of the newly created crypto currencies in ICOs will be paid using Ethereum.  This will eventually help the company raise funds for the execution of its projects, from around the world.

This kind of cryptocurrency investment is different from the widely prevalent crowd funding process.  In a crowd funding process, the products and services are offered in fiduciary currencies like dollar and real.

If the Initial Coin Offering should be done in a serious manner, the company should come up with a good business plan, which is known as the white paper.  The blockchain is presented to the concerned public.  The numbers of tokens will be issued publicly.  A plan detailing how the resource will be utilized should also be presented.  The schedule of how the project will be executed should as well be taken into consideration.

The Utility Tokens that will be issued as a part of the Avai FC project will work a lot similar to a discount coupon or voucher.  The token will have a predefined initial value.  When all the stages of execution take place as described in the White Paper, the value can be freely negotiated by the possessor with other stakeholders.

SportyCo and Blackbridge Sports are the official partners who will be providing for the “Avaí Futebol Clube”, right from the stage of creating a technological infrastructure of the blockchain that will be linked to the Club’s marketing through the acquisition of participants during the collective offer period of the currency ( ICO).

Marko Filej, Co-Founder of SportyCo, expressed his pleasure to receive Avaí as a partner by stating. “We look forward to working with Avaí FC and see how they intend to launch their new digital currency with the SportyCo platform that has always been leading innovation in the world of sports finance and sportsmanship. With this initial money offer we are opening a new chapter in football and the sports industry in general.”

[BlockchainMOON]

is this still the same?


CROWDSALE INFORMATION

SYMBOL: AVAI
TOTAL TOKEN SUPPLY: 22,000,000
AVAIALABLE IN CROWDSALE: 20,460,000
EXCHANGE RATE: 1 AVAI = 1 USD
SOFT CAP: 8,000,000 AVAI
MAX CAP: 20,460,000 AVAI

TOKEN DISTRIBUTION

Crowdsale contributors: 20,460,000 AVAI (93%)
Avaí Futebol Clube: 1,540,000 AVAI (7%)


thank you for correct infos

till when is the crowdsale ?

[HodlCryptoGang]

Like the basics:

WHAT IS THE ETHEREUM BLOCKCHAIN YOU PLAN TO USE?
The Ethereum blockchain is one of the blockchains available. Compared to the first (bitcoin blockchain) it enables the development of “smart contract” on top of it, which uses the underlying technology.

WHAT IS A SMART CONTRACT?
A smart contract is the programming code that creates the rules of how transactions of a certain property (like a token) are being processed on the blockchain.

WHAT IS AN ICO?
ICO is short for “Initial Coin Offering”. It’s a crowdsale during which organizers are selling cryptocurrency tokens (or coins - the terms are used interchangeably) in order to raise funds for a project.

HOW DOES A TOKEN CROWDSALE / ICO WORK?
Blockchain projects release their cryptocurrency to the general public via a crowdsale event. People who wish to use or donate to support a new crypto token participate in the crowdfund by sending funds to the project’s address. The tokens are created with a smart contract. At the end of the crowdfund period, each participant receives tokens corresponding to how much funds they donated. Contributors can participate with regular currencies or with cryptocurrencies - it depends on the rules set up when announcing the ICO.

WHAT IS A SOFT CAP AND HARD CAP?
A soft cap is the minimum amount of funds the crowdsale organizer wants to raise in the crowdsale. If the contributions don’t reach the soft cap during a predefined time period, the crowdsale is unsuccessful and the funds are returned to the contributor. Hard cap is the maximum amount that can be raised. A project can be set up without a soft cap (no minimum limit) or hard cap (no upper limit of funds raised), but as a general rule most token crowdsales have them, as relevant caps show that a project has a financial calculation behind it.

[sarmashalom]

i like footbal

i like crypto

i like blockchain

i like paying with crypto

i like AVAI FC crowdsale

i hope we will see usage of tokens in real life soon

[SportyFi]

is this still the same?


CROWDSALE INFORMATION

SYMBOL: AVAI
TOTAL TOKEN SUPPLY: 22,000,000
AVAIALABLE IN CROWDSALE: 20,460,000
EXCHANGE RATE: 1 AVAI = 1 USD
SOFT CAP: 8,000,000 AVAI
MAX CAP: 20,460,000 AVAI

TOKEN DISTRIBUTION

Crowdsale contributors: 20,460,000 AVAI (93%)
Avaí Futebol Clube: 1,540,000 AVAI (7%)


thank you for correct infos

till when is the crowdsale ?

Hi! The crowdsale finishes on 5 November 2018, 13:00 UTC.

[CryptoWork007]

B) Phase 2
Avaí reserves the right to perform AVAI Token Crowdsale Phase 2 if the following conditions
(the “Conditions”) are cumulatively met:
 -Avaí promoted to Campeonato Brasileiro Série A; and
 - will finish in any of the following 5 seasons at place 10 or higher in Campeonato Brasileiro
s Série A.
If the Conditions are met Avaí reserves the right to issue an additional amount of AVAI
Tokens, up to 22,000,000 AVAI Tokens (the Max Supply of AVAI Tokens will thus never exceed
44,000,000) that will be available for purchase in the Crowdsale Phase 2. The Price of one (1)
AVAI Token in Phase 2 and other conditions of the Crowdsale Phase 2 will be set
subsequently.

when does phase 2 come in ?

[GodfatherofAlts]

The Team
Crowdsale Management and Organization:

President:
Francisco José Battistotti
Vice-President:
Amaro Lúcio da Silva
Business of Football
and International Relations:
Bruno Comicholi
Special Projects
for Fundraising:
Marcelo Bastos Petrelli
Special Projects:
Amaro Lúcio da Silva
Social Action,
Community
and Philanthropy:
Nesi Brina Furlani
Legal Department:
Sandro Barreto

the team still the same or are there some changes ? Maybe some additions ?

[Chevy_REP]

Pie chart of all the tokens how they are going to separate them.

[todavenera]

The 20 teams registered to play in the 2015 Série A season recorded their annual amount of
turnover: all clubs summed 3.6 billion Brazilian Reais, equivalent to $1.34 billion US Dollars.
Despite the financial macroeconomic crisis that Brazil was/is facing, the top teams were able
to increase their incomes by 26% in comparison with the 2014 season. (Época, 2016)
This means that Brazilian football was able to increase its nancials on a superior rate, in
comparison to the monetary devaluation.

This performance, against the current situation in
Brazil demonstrates the potential of football in this country. The explanation for this growth is
based on three factors: players, TV rights and the Fans. The international transfers, less
susceptible to the internal financial crisis, had an increase of 71% to income, in comparison
to the 2014 figures.

The TV rights, negotiated with Rede Globo represented an increase of
30%. The combination between memberships and match-days sales were responsible for an
increase of 24% in the same period. Another important (slow burning) factor is the
generation of marketing and commercial incomes, increasing by 9% in comparison with
2014.

[SportyFi]

B) Phase 2
Avaí reserves the right to perform AVAI Token Crowdsale Phase 2 if the following conditions
(the “Conditions”) are cumulatively met:
 -Avaí promoted to Campeonato Brasileiro Série A; and
 - will finish in any of the following 5 seasons at place 10 or higher in Campeonato Brasileiro
s Série A.
If the Conditions are met Avaí reserves the right to issue an additional amount of AVAI
Tokens, up to 22,000,000 AVAI Tokens (the Max Supply of AVAI Tokens will thus never exceed
44,000,000) that will be available for purchase in the Crowdsale Phase 2. The Price of one (1)
AVAI Token in Phase 2 and other conditions of the Crowdsale Phase 2 will be set
subsequently.

when does phase 2 come in ?

Hi! Avaí reserves the right to perform AVAI Token Crowdsale Phase 2 if the following conditions
(the “Conditions”) are cumulatively met:
 -Avaí promoted to Campeonato Brasileiro Série A; and
 - will finish in any of the following 5 seasons at place 10 or higher in Campeonato Brasileiro Série A.

[SportyFi]

The Team
Crowdsale Management and Organization:

President:
Francisco José Battistotti
Vice-President:
Amaro Lúcio da Silva
Business of Football
and International Relations:
Bruno Comicholi
Special Projects
for Fundraising:
Marcelo Bastos Petrelli
Special Projects:
Amaro Lúcio da Silva
Social Action,
Community
and Philanthropy:
Nesi Brina Furlani
Legal Department:
Sandro Barreto

the team still the same or are there some changes ? Maybe some additions ?

The AVAI token team remains the same. No further changes currently. SportyCo and Blackbridge provide the crowdsale management and organisation.

[Hullo]

What I get as AVAI tokens holders in return in case I decide to put some money into this crowdfunding ? I understand the concept and business model of SportyCo fully there everything is pegged with SPF tokens and that makes sense. He as holder of AVAI token will there be some sort of profit sharing or benefits not being in the same region to participate in physical events ? I am talking for holders from around the globe.

[dinodinodino]

WHAT IS AN ICO?
ICO is short for “Initial Coin Offering”. It’s a crowdsale during which organizers are selling cryptocurrency tokens (or coins - the terms are used interchangeably) in order to raise funds for a project.

HOW DOES A TOKEN CROWDSALE / ICO WORK?
Blockchain projects release their cryptocurrency to the general public via a crowdsale event. People who wish to use or donate to support a new crypto token participate in the crowdfund by sending funds to the project’s address. The tokens are created with a smart contract. At the end of the crowdfund period, each participant receives tokens corresponding to how much funds they donated. Contributors can participate with regular currencies or with cryptocurrencies - it depends on the rules set up when announcing the ICO.

WHAT IS A SOFT CAP AND HARD CAP?
A soft cap is the minimum amount of funds the crowdsale organizer wants to raise in the crowdsale. If the contributions don’t reach the soft cap during a predefined time period, the crowdsale is unsuccessful and the funds are returned to the contributor. Hard cap is the maximum amount that can be raised. A project can be set up without a soft cap (no minimum limit) or hard cap (no upper limit of funds raised), but as a general rule most token crowdsales have them, as relevant caps show that a project has a financial calculation behind it.

how many time will be AVAI open?

[geoneojapan]

 AVAI FC launches the ICO, and it is very interesting indeed, reportedly Juventus and PSG will also launch the ICO, we must follow it, good luck AVAI Token


avai was first    and it will always be 

[addicto]

AVAI FC launches the ICO, and it is very interesting indeed, reportedly Juventus and PSG will also launch the ICO, we must follow it, good luck AVAI Token


avai was first    and it will always be 

Indeed that is brave step from the team this will attract so many other promising clubs will follow them in future. I also want to see this project finish this ICO with big success it giving golden chance to mainstream people to invest in legit project who have the future and will grow to generate big profit for all.

[HodlCryptoGang]

The Team
Crowdsale Management and Organization:

President:
Francisco José Battistotti
Vice-President:
Amaro Lúcio da Silva
Business of Football
and International Relations:
Bruno Comicholi
Special Projects
for Fundraising:
Marcelo Bastos Petrelli
Special Projects:
Amaro Lúcio da Silva
Social Action,
Community
and Philanthropy:
Nesi Brina Furlani
Legal Department:
Sandro Barreto

the team still the same or are there some changes ? Maybe some additions ?

The AVAI token team remains the same. No further changes currently. SportyCo and Blackbridge provide the crowdsale management and organisation.

What is the role of SportyCo in this project? Supporters or just in it for the campaign?

[CryptoUnicornICO]

AVAI Reddit is interesting well SportyCo:

AVAI Tokenomics – SportyCo News

SmartWeasel
1 point
·
22 days ago
Good luck with AVAI FC ICO.
Now we are waiting for second version of platform, can't wait. I hope campaigns will close successfully and platform will be alive.

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level 1
Kastelukannu
1 point
·
21 days ago
In my opinion it would be better and more convenient that instead of every club having an own token, they'd use the SportyCo platform for their crowdfunding/ICO campaign. Maybe at some point they could have some kind of own "sub-token" of SPF within the SportyCo system. This would probably require a lot of development since to my understanding SPF should then be an own token/coin independent from ERC-20.

Sure, the first campaigns on SportyCo weren't that successful, but it's still early and one big hurdle for a greater adoption just is that it is way too complicated for most people to get SPF to invest. The possibility to directly exchange fiat to SPF would greatly help and is in my opinion one of the necessary requirements for success. Then of course this whole topic is so new that people need to see first that this actually works and that they can get a decent return for their investments. This will take time.

However, the co-operation with AVAI is still good PR for SportyCo even if AVAI's ICO turns out to be a failure (sorry I'm rather pessimistic).

Good PR will also help for adoption. If you guys keep going and constantly improving and working, I'm sure SportyCO will be a success. It just takes time, after all you are pioneers on this sector.

[todamars2018]

very good interesting thank you


1) You will have direct access to the AVAI TokenStore (merchandise), the AVAI Token Tickets (match tickets) and the AVAI Token Special Experiences (being present at half time talks / dinner with players etc)

2) You will in a way become a supporter of Avai FC football club and try to help them become a regular and hopefully dominant football team in Campeonato Brasileiro Série A. If Avai FC is able to buy new players, upgrade their facilities and as a result become a stable team in the Série A, naturally their match-day revenues (tickets) will increase as will the demand for Avai FC merchandise (shirts etc) + the special AVAI experiences. This is a basic overview of the supply/demand factor within the AVAI token ecosystem. In other words, the more successful Avai FC becomes the more demand there will be for the AVAI token as their fanbase increases.

3) 30% of all AVAI Tokens that will be redeemed/exchanged on the Platform (either through AVAITokenStore, the AVAITokenTickets or the AVAITokenSpecialExperience) will be burn't on a quarterly basis.

[SportyFi]

The Team
Crowdsale Management and Organization:

President:
Francisco José Battistotti
Vice-President:
Amaro Lúcio da Silva
Business of Football
and International Relations:
Bruno Comicholi
Special Projects
for Fundraising:
Marcelo Bastos Petrelli
Special Projects:
Amaro Lúcio da Silva
Social Action,
Community
and Philanthropy:
Nesi Brina Furlani
Legal Department:
Sandro Barreto

the team still the same or are there some changes ? Maybe some additions ?

The AVAI token team remains the same. No further changes currently. SportyCo and Blackbridge provide the crowdsale management and organisation.

What is the role of SportyCo in this project? Supporters or just in it for the campaign?

SportyCo and Blackbridge provide the crowdsale management and organisation.

[WhenMCLAREN]

Why it says finished ?